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From: Warren Reports

Look Who Thinks Executive Pay is Too High Now?

By Derek Lindblom - February 1, 2007, 7:48AM

After being prominently mentioned in the Democratic State of the Union response - President Bush seems to have started to adopt at least some of the rhetoric of those who want to reduce lavish executive pay.

This Wall Street Journal Article (sub. req.) has Bush telling Corporate Boards to "step up to their responsibilities" when it lavish executive pay and bonuses:

http://users1.wsj.com/lmda/do/checkLogin?mg=wsj-users1&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FBT-CO-20070131-713195.html%3Fmod%3Dhpp_us_my_companies

One wonders, with all the noise being made in this direction, will average CEO pay stay at 243 times that of the average, middle class, worker?

1 Comment

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I think he's just sound-biting for future documentaries. Don't ya know he's just misunderstood!

Posted by quakerblackmaple
February 4, 2007 10:47 AM | Reply | Permalink

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